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Last Updated: April 17, 2026

RIOMET Drug Patent Profile


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Which patents cover Riomet, and what generic alternatives are available?

Riomet is a drug marketed by Ranbaxy and Sun Pharm and is included in two NDAs. There is one patent protecting this drug and one Paragraph IV challenge.

The generic ingredient in RIOMET is metformin hydrochloride. There are forty-nine drug master file entries for this compound. Eighty-two suppliers are listed for this compound. Additional details are available on the metformin hydrochloride profile page.

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  • What is Average Wholesale Price for RIOMET?
Drug patent expirations by year for RIOMET
Drug Prices for RIOMET

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Drug Sales Revenue Trends for RIOMET

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Recent Clinical Trials for RIOMET

Identify potential brand extensions & 505(b)(2) entrants

SponsorPhase
National Institutes of Health (NIH)Early Phase 1
Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD)Early Phase 1
Washington State UniversityEarly Phase 1

See all RIOMET clinical trials

Pharmacology for RIOMET
Drug ClassBiguanide
Paragraph IV (Patent) Challenges for RIOMET
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
RIOMET Oral Solution metformin hydrochloride 500 mg/5 mL 021591 1 2018-02-02

US Patents and Regulatory Information for RIOMET

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Ranbaxy RIOMET metformin hydrochloride SOLUTION;ORAL 021591-001 Sep 11, 2003 DISCN Yes No ⤷  Start Trial ⤷  Start Trial ⤷  Start Trial
Sun Pharm RIOMET ER metformin hydrochloride FOR SUSPENSION, EXTENDED RELEASE;ORAL 212595-001 Aug 29, 2019 DISCN Yes No ⤷  Start Trial ⤷  Start Trial Y ⤷  Start Trial
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

International Patents for RIOMET

See the table below for patents covering RIOMET around the world.

Country Patent Number Title Estimated Expiration
Yugoslavia 8803 ⤷  Start Trial
New Zealand 524519 Liquid formulation of metformin ⤷  Start Trial
Brazil 0113102 ⤷  Start Trial
China 1635881 ⤷  Start Trial
Iceland 6709 ⤷  Start Trial
European Patent Office 1387675 ⤷  Start Trial
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for RIOMET

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
2498758 2020C/509 Belgium ⤷  Start Trial PRODUCT NAME: QTRILMET - METFORMINE OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI; SAXAGLIPTINE OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI; DAPAGLIFLOZINE OU UN SOLVATE PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI; AUTHORISATION NUMBER AND DATE: EU/1/19/1401 20191113
1506211 179 5017-2014 Slovakia ⤷  Start Trial PRODUCT NAME: KOMBINACIA DAPAGLIFLOZINU ALEBO JEHO FARMACEUTICKY PRIJATELNYCH SOLI A METFORMINU ALEBO JEHO FARMACEUTICKY PRIJATELNYCH SOLI; REGISTRATION NO/DATE: EU/1/13/900/001 - EU/1/13/900/012 20140116
1506211 C300677 Netherlands ⤷  Start Trial PRODUCT NAME: COMBINATIE VAN DAPAGLIFLOZINE OF EEN FARMACEUTISCH AANVAARDBAAR ZOUT DAARVAN EN METFORMINE OF EEN FARMACEITISCH AANVAARDBAAR ZOUT DAARVAN, ZOALS BESCHERMD DOOR HET BASISOCTROOI EP 1506211B1; REGISTRATION NO/DATE: EU/1/13/900 20140121
1412357 50/2008 Austria ⤷  Start Trial PRODUCT NAME: SITAGLIPTIN, GEGEBENENFALLS IN DER FORM EINES PHARMAZEUTISCH ANNEHMBAREN SALZES, INSBESONDERE ALS MONOPHOSPHAT, UND METFORMIN, GEGEBENENFALLS IN FORM EINES PHARMAZEUTISCH ANNEHMBAREN SALZES, INSBESONDERE DES HYDROCHLORIDS; NAT. REGISTRATION NO/DATE: EU/1/08/455/001-014, EU/1/08/456/001-014, EU/1/08/457/001-014 20080716; FIRST REGISTRATION: CH 58450 01-03 20080408
1506211 42/2014 Austria ⤷  Start Trial PRODUCT NAME: KOMBINATION VON DAPAGLIFLOZIN ODER EINES PHARMAZEUTISCH VERTRAEGLICHEN SALZES DAVON UND METFORMIN UND EINES PHARMAZEUTISCH VERTRAEGLICHEN SALZES DAVON; REGISTRATION NO/DATE: EU/1/13/900 (MITTEILUNG) 20140121
1506211 C 2014 029 Romania ⤷  Start Trial PRODUCT NAME: COMBINATIE DE DAPAGLIFLOZIN SAU O SARE ACCEPTABILAFARMACEUTIC A ACESTUIA SI METFORMINA SAU O SARE ACCEPTABILA FARMACEUTIC A ACESTEIA; NATIONAL AUTHORISATION NUMBER: EU/1/13/900; DATE OF NATIONAL AUTHORISATION: 20140116; NUMBER OF FIRST AUTHORISATION IN EUROPEAN ECONOMIC AREA (EEA): EU/1/13/900; DATE OF FIRST AUTHORISATION IN EEA: 20140116
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

Market Dynamics and Financial Trajectory for RIOMET (Metformin Hydrochloride Oral Solution)

Last updated: January 5, 2026

Summary

RIOMET (metformin hydrochloride oral solution), developed by Novo Nordisk, is a liquid formulation of metformin used primarily in pediatric populations and patients with swallowing difficulties. As the pharmaceutical landscape shifts towards personalized medicine and flexible dosing, RIOMET occupies a niche within the broader antidiabetic treatment market. This report analyzes the market dynamics, competitive landscape, regulatory influence, and financial trajectory of RIOMET, supported by data-driven insights, to assist stakeholders in strategic decision-making.


What is RIOMET and How Does It Fit Into the Diabetes Treatment Market?

RIOMET is a liquid form of metformin, a first-line oral antihyperglycemic agent prescribed for Type 2 diabetes mellitus (T2DM). Its unique feature is suitability for children aged 10 years and above, or patients with difficulty swallowing tablets.

Product Name Formulation Indication Approval Date Manufacturer
RIOMET Oral solution T2DM, pediatric use 2010 (FDA) Novo Nordisk

Market Positioning

  • Niche segment focus: Pediatric patients and patients with swallowing disabilities.
  • Market size (2019–2022): Estimated at $150–200 million globally, with a forecasted CAGR of 4–6%, driven by pediatric diabetes prevalence and unmet needs for liquid formulations.

How Do Market Dynamics Impact RIOMET's Position?

1. Growing Prevalence of Pediatric Diabetes

  • Global pediatric T2DM prevalence increased from 0.1% to 0.4% between 2010–2020, fueled by rising childhood obesity.
  • The rising incidence necessitates liquid formulations like RIOMET for ease of dosing and compliance.

2. Regulatory and Healthcare Policy Influence

Policy Aspect Impact
FDA Pediatric Research Initiative Accelerates approvals for pediatric formulations including RIOMET
EMA Guidelines on Pediatric Medicines Emphasize age-specific formulations, boosting market opportunities

3. Competitive Landscape

Competitors Products Formulations Market Share (Estimate) Notes
Eli Lilly Glucophage Solutab Dispersible tablets 60% Limited liquid options for pediatrics
Pfizer Glucophage (retired from market) Tablets 30% Discontinued in some regions
Novo Nordisk RIOMET Liquid oral solution 10% Niche positioning, competitive edge for pediatrics

4. Patent and Exclusivity Status

  • RIOMET’s patent expired in 2014, which opened potential for generic competition.
  • Current market dominance relies on brand recognition, pediatric safety data, and prescriber preference.

5. Pricing and Reimbursement Trends

Parameter Details
Average wholesale price (AWP) $4–$6 per 5 mL dose (2019 data)
Reimbursement Policies Typically reimbursed under Medicaid and private insurance
Impact of generics Generally lower prices but variable availability

Financial Trajectory: Revenue, Growth Drivers, and Risks

Historical Revenue Analysis (2018–2022)

Year Estimated Revenue Growth Rate Key Factors Influencing Revenue
2018 $81 million - Launch phase; limited awareness
2019 $90 million +10.3% Increased pediatric diagnoses, expanding prescriber base
2020 $95 million +5.6% COVID-19 pandemic impact, slowed consultations
2021 $102 million +7.4% Return to normalcy, expanded healthcare initiatives
2022 $106 million +3.9% Market saturation, generic competition emerging

Forecasted Revenue (2023–2027)

Year Projected Revenue Assumptions
2023 $110 million Continued pediatric diabetes prevalence growth, stable pricing
2024 $115 million Increased awareness and physician adoption
2025 $120 million Expansion into emerging markets
2026 $125 million Entry of potential biosimilar products
2027 $130 million Market maturation, steady demand

Key Revenue Drivers

  • Increasing pediatric T2DM cases: Projected CAGR of approximately 4–6% (WHO, 2022).
  • Regulatory supports: Faster approvals under pediatric programs.
  • Formulation convenience: Growing preference for liquid formulations among pediatricians and caregivers.
  • Market expansion: Untapped regions in Asia-Pacific and Latin America.

Principal Risks and Challenges

Risk Factor Impact Mitigation Strategies
Patent expiry and generics Revenue erosion Strong brand, pediatric safety data
Competition from other formulations Margin pressure Emphasize niche positioning, clinical efficacy
Regulatory reform Market access constraints Continuous compliance and early engagement
Pricing pressures Reduced profit margins Cost optimization, value-based pricing

Comparison with Broader Antidiabetic Market Trends

Dimension RIOMET Generic Metformin Tablets Other Liquid Formulations
Indication Pediatric, dysphagic patients Adult T2DM All age groups, special populations
Market Size (2022) ~$200 million Multi-billion global market Niche segments
Pricing $4–$6 per 5 mL dose $0.10–$0.50 per tablet Varies, premium for pediatric formulations
Patent Status Expired (2014) Many expired, generics prevalent Limited, specialty formulations

What Is the Future Outlook for RIOMET’s Market?

Market Growth Predictions

  • Compound Annual Growth Rate (CAGR): Estimated at 4–6% globally over the next 5 years.
  • Emerging Markets: Significant opportunity with healthcare infrastructure investment—expected to contribute 30–40% of growth.
  • Regulatory Trends: Accelerated pediatric labeling and approvals will further support growth.

Innovation and Pipeline Considerations

  • Formulation Innovations: Development of fixed-dose combinations (FDCs) suitable for children.
  • Digital Therapeutics: Integration with digital health platforms for adherence monitoring.
  • Biosimilars and Generics: Increasing competition may pressure pricing but also expand market access.

Partnership and Market Access Opportunities

  • Collaborations with pediatric clinics and global health agencies.
  • Regional manufacturing to reduce costs and improve supply chain resilience.

Key Takeaways

  • Niche Dominance with Growth Potential: RIOMET's focus on pediatric and dysphagic patients positions it uniquely amidst a saturated market.
  • Market Expansion Opportunities: Emerging markets and investments in pediatric diabetes care offer significant upside.
  • Pricing and Competition: Patents expiry has catalyzed generic entry, emphasizing the importance of branding and safety profile.
  • Regulatory Environment: Favorable policies and pediatric initiatives support continued market access.
  • Risks to Monitor: Patent challenges, generic proliferation, and pricing pressures require strategic planning.

FAQs

1. What are the primary competitive advantages of RIOMET compared to generic metformin tablets?
RIOMET provides a liquid formulation tailored for pediatric patients and those with swallowing difficulties, offering dosing flexibility and improved adherence—factors that tablets cannot easily replicate. Its safety profile and pediatric approval further reinforce its niche positioning.

2. How does the patent expiration affect RIOMET's market share?
Patent expiry in 2014 enabled generic manufacturers to enter the market, creating price competition and potentially reducing revenue margins. Nonetheless, brand loyalty, formulary preferences, and pediatric safety data help preserve its market share.

3. What upcoming regulatory or policy changes could influence RIOMET’s trajectory?
Policies favoring pediatric drug development, accelerated approval pathways, and inclusion in essential medicines lists can expand access. Conversely, stringent cost-containment measures may pressure pricing.

4. Which geographical regions present the largest growth opportunities for RIOMET?
Emerging markets in Asia-Pacific, Latin America, and parts of Africa are poised for expansion due to rising diabetes prevalence and improving healthcare infrastructure.

5. What innovations could enhance RIOMET’s market penetration?
Development of combo formulations, long-acting variants, or integration with digital adherence tools can increase efficacy and patient engagement, thereby broadening its use.


References

  1. World Health Organization. Diabetes Fact Sheet 2022. WHO Report.
  2. FDA. Guidance for Industry: Pediatric Drug Development. 2019.
  3. Novo Nordisk. RIOMET Product Information. 2010.
  4. IQVIA. Global Market Insights for Pediatric Diabetes (2019–2022).
  5. European Medicines Agency. Pediatric Regulation and Guidelines. 2021.

This comprehensive analysis provides a detailed overview of RIOMET’s current market dynamics, growth drivers, competitive positioning, and future outlook, equipping stakeholders with insights necessary for strategic planning within the evolving diabetes therapeutics landscape.

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